FNCCI Prez highlights thriving investment potential

President of the Federation of Nepalese Chambers of Commerce & Industry (FNCCI) Chandra Prasad Dhakal emphasized Nepal’s burgeoning stature as a promising investment destination, underpinned by its wealth of natural resources, skilled workforce, market access, and advantageous trade agreements.

Addressing China (Yunnan)-Nepal Industrial Cooperation Promotion and Enterprise Matchmaking Meeting held as part of the China-South Asia Business Forum in Kunming, Dhakal said, “Nepal’s wealth of natural resources, educated workforce, market access, and preferential trade agreements with China and India make it a promising investment destination.”

Dhakal lauded the sister city relationship between Kunming and Nepal’s Pokhara, characterized by agreements promoting cultural exchange, tourism, and research and development collaboration. 

He underscored the increasing connectivity facilitated by direct air routes between Kathmandu and Kunming, as well as the potential for future direct flights between Pokhara and Kunming.

Dhakal spotlighted the growing potential for Chinese tourism in Nepal, exemplified by Sichuan Airlines’ recent maiden flight to Pokhara during the Chinese ‘Dragon Boat Festival’.

He further outlined compelling investment opportunities spanning diverse sectors, such as energy, tourism infrastructure, transportation, trade facilitation, SMEs, ICT, and agriculture.

Law Minister Gurung announces not to take medical expenses from state fund

Minister for Law, Justice and Parliamentary Affairs Dhanraj Gurung has announced not to take medical expenses from the state fund.

He was speaking at a program organized in the Capital on Friday.

On the occasion, Gurung shared his experience, “once a staffer had told me that a large amount of money was spent when I was admitted to the hospital for treatment and suggested that I take the amount from the state fund.”

“Minster Ji, a large amount of money might have been spent for the treatment. You are yourself a minister. He suggested that I take the treatment expenses from the Cabinet,” he said, adding, “I will not take the medical expenses from the state fund until the government provides free treatment to the poor people.”

He said that the people have to improve themselves first to improve the country.

On a different note, he said that property of high-ranking leaders should be investigated.

Minister Gurung was of the opinion that all the leaders should be transparent financially.

“Leaders should be transparent financially. I have already submitted my property details,” he said. “The government will move ahead to investigate the property of the leaders.”

 

 

 

Heavy rainfall likely in Koshi, Gandaki Provinces

The country will witness rainfall for a few more days as the axis of Monsoon Trough is now located close to the northern part of the country.

According to the Meteorological Forecasting Division, Koshi, Madhes, Bagmati and Gandaki Provinces are now witnessing generally cloudy weather and partly to generally cloudy weather in the rest of the country.

Light rainfall is now taking place at one or two places in Gandaki and Bagmati Provinces. The weather across the country will remain partly to generally cloudy this afternoon. 

Similarly, there is a possibility of light to moderate rain accompanied by thunder and lightning at some places of the hilly region and few places in the rest of the country. Heavy rainfall with thunder and lightning is likely to occur at one or two places in Gandaki Province.

Likewise, light to moderate rain accompanied by thunder and lightning has been forecast at some places of hilly region in Koshi, Bagmati and Gandaki Provinces and few places in the rest of the country tonight.

There are chances of heavy rainfall with thunder and lightning at one or two places of Koshi and Gandaki Provinces, added the Division.

Landslides obstruct Mechi Highway

The Phungling-Kabeli road section of the Mechi Highway has been obstructed due to landslides triggered by incessant rainfall on Thursday night.

Several landslides have occurred from Sesambu to Khaharekhola section of the road.

Supervisor of the Road Division Office, Ilam, Nabin Upreti said that seven landslides have occurred from Khokse to Khaharekhola section.

He said that efforts are being made to clear the debris from early morning today. 

Upreti said that they are working to resume the vehicular movement by today itself.

Police said that vehicles en route to Panchthar, Ilam, Jhapa and other destinations have been stranded halfway after the road disruption.

 

Gold being traded at Rs 110, 400 per tola on Friday

The gold is being traded at Rs 110, 400 per tola in the domestic market on Friday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, tejabi gold is being traded at Rs 109, 850 per tola.

Similarly, the silver is being traded at Rs 1,390 per tola today.

 

Raj Kumar Sharma: Determine flights based on weather conditions rather than fixed times

New rules for helicopter operations introduced by the Civil Aviation Authority of Nepal (CAAN) have made significant impacts in Karnali Province. There are fears that restriction in helicopter flight operations after noon, ban on movement of cargo using sling, and requirement of obtaining flight permit from CAAN instead of airports will affect transportation of goods to Karnali and rescue operations. Bishna Prasad Sharma of ApEx talked to Karnali Province Chief Minister Raj Kumar Sharma on these new rules and other aspects of the province government. Excerpts:

What are the priorities of the Karnali Province government?

The priorities of the Karnali Province government revolve around the effective implementation of policies and programs, as well as the budget. The provincial government has been actively working towards the implementation of approved policies and programs, reviewing past experiences, and engaging with relevant ministries and agencies for the successful execution of the new budget. The province government has passed the Karnali Training Institute Bill and is working on its implementation. Similarly, the Sport Bill, Civil Servant Bill, Provincial Police Bill, and Dalit Rights Bill have been drafted. The focus also lies on addressing issues related to federalism, including financial, administrative, and legal aspects, in order to overcome challenges and uplift the province from its current multifaceted poverty.

Do you think the people could feel the implementation of federalism in Karnali Province?

While the concept of federalism is enshrined in the constitution, the implementation of true federalism, encompassing financial, administrative, and legal dimensions, is still a work in progress. The Karnali Province, in particular, has faced challenges in fully experiencing the benefits of federalism. Despite the aspirations for a decentralized governance structure, challenges remain, and the province is still grappling with multifaceted poverty and neglect, requiring further efforts to bridge the gap and ensure the effective implementation of federalism.

How does the Karnali Province government plan to address the slow spending of the development budget?

The Karnali Province government is dedicated to accelerating development, job creation, and effective budget utilization. The slow spending of the development budget is attributed to various factors, including the lack of financial, administrative, and legal federalism. The interference of vested interests, such as the medical, land, educational, and contractor mafias, has also contributed to delays. The province recognizes the need for a robust legal system and adequate manpower to address these issues promptly. By improving administrative aspects, enhancing legal frameworks, and ensuring sufficient human resources, the government aims to expedite budget spending and promote timely completion of projects.

How does the Karnali Province government plan to enhance rescue mechanisms and address geographical difficulties?

The Karnali Province government is committed to addressing both preventive measures and effective rescue mechanisms in the face of geographical challenges and accidents. While accidents are a concern, the province emphasizes the importance of liberating its people from poverty and hardship through proactive measures. Initiatives include upgrading lifelines such as the Bheri Corridor, Karnali Highway, and Rapti Highway, as well as implementing immediate rescue operations through aircraft, helicopters, and other means. The government acknowledges the need for reliable air services and discussions have been held to improve air transportation. We also have plans to promote electric vehicles.

The government has imposed a rule prohibiting flights in remote areas after noon. What are your thoughts on this decision and its potential impact?

The government’s decision to restrict flights in remote areas after noon raises significant concerns. Accidents and emergencies can occur at any time. The decision to limit flights based on time without consulting relevant stakeholders, including us, is worrying. It is essential that decisions of this nature are made through collaborative discussions. I intend to address this matter with the relevant authorities and engage in further conversations. Flight schedules should be determined based on weather conditions rather than fixed times, as safety should always take precedence. Up until now, flights were permitted after 12 o'clock, and Karnali has not experienced any significant accidents in this regard. I will work diligently to resolve this issue through earnest discussions with the appropriate authorities.

How might this rule impact the transportation of essential goods, such as food and building materials, in Karnali?

Undoubtedly, this rule will have adverse effects on the transportation of essential goods in Karnali. Not all districts within the province have convenient transportation access. Even in areas with transportation facilities, certain types of construction materials cannot be efficiently transported via road. This is particularly true for remote districts like Humla and Dolpa, where air service is a necessity for transporting various items. It is crucial that air service availability is contingent on weather conditions rather than fixed timings, to ensure that the vital needs of the people are met without disruption.

For the last many years, goods have been transported to Humla using helicopters from Sallisalla to Kharpunath. Restricting takeoffs solely from airports will significantly impede these operations. Transportation options should be accessible and affordable, irrespective of location, and this matter demands careful consideration.

Could such regulations force Karnali’s residents to rely more heavily on Tibet for essential goods?

While it’s true that some residents of certain areas, like parts of Humla and Dolpa, have historically relied on Tibet for daily necessities, Karnali as a whole is not currently dependent on Tibet.

The restriction on helicopters for sling operations has been introduced. What might be the implications of this decision?

The decision to prohibit helicopters from conducting sling operations raises questions about its rationale. If there are safety concerns, it is worth noting that helicopters have previously conducted heavy-load operations without issue. This decision warrants further examination, and I am committed to engaging with the Civil Aviation Authority of Nepal (CAAN) to better understand the reasoning behind this rule. The safety of both the crew and passengers must remain a priority, but a well-informed and collaborative approach is essential to ensure that decisions made do not compromise crucial services and operations.

Flight permits, which were previously obtained at airports, now require clearance from CAAN. Could this potentially delay rescue efforts?

The transition from obtaining flight permits at airports to obtaining them from CAAN could indeed introduce delays in rescue efforts. The bureaucracy involved in this process may impede swift action, which is particularly concerning in emergency situations. As we uphold the principles of federalism, it is essential that decision-making authority is also extended to provincial levels. Alternatively, establishing provincial offices within the regulatory body could help facilitate smoother and faster clearance processes.

The government has imposed VAT on air tickets. Could this lead to increased flight costs for travel to Karnali?

The recent imposition of VAT on air tickets raises concerns about potential cost increases for flights to Karnali. It is important to thoroughly examine the reasons behind this decision. While the state's right to levy taxes is acknowledged, it is equally crucial to consider the impact on rural populations. People living in remote areas should not be burdened with excessive financial strain. Any taxation measures should be thoughtfully implemented, taking into account the financial capacities of the population. These concerns will be addressed through discussions with higher authorities, ensuring that the interests of the people are safeguarded.

How is the Karnali Province government working to create jobs and address poverty?

The Karnali Province government recognizes poverty as a significant challenge and is actively working towards its alleviation through various strategies. The province's policy and program emphasize key areas, including education, health, employment, good governance, and infrastructure. Job creation and self-employment are central to these efforts. The province is prioritizing industries related to agriculture and forest production and focusing on commercial agriculture and entrepreneurship. The protection and utilization of indigenous crops and natural resources are also part of the plan. The government aims to create employment and self-employment opportunities for 10,000 people annually, contributing to poverty reduction and economic growth in the region. The implementation of federalism is viewed as crucial in achieving these goals.

Speaker urges PM to hold serious talks with oppn party to end House obstruction

Prime Minister Pushpa Kamal Dahal and Speaker Devraj Ghimire held a meeting on Friday.

Speaker Ghimire had reached Baluwatar this morning to meet Prime Minister Dahal.

During the meeting, they discussed ending House deadlock and appointing presidents of parliamentary committees among other contemporary political issues, the Prime Minister’s Secretariat said.

On the occasion, Speaker Ghimire urged the Prime Minister to hold a serious discussion with the ruling and opposition parties to end the House obstruction.

“As the Speaker I took initiatives responsibly for consensus, but the positive results could not be yielded,” he said.

In response, Prime Minister Dahal said that he is positive towards opening the House.

The Prime Minister said that he would urge the opposition party leaders to end the House obstruction.

Earlier also, Speaker Ghimire had held a discussion with the senior leaders of the three major political parties to end the House impasse.

The UML has been obstructing the House proceedings for the past few days demanding formation of a high-level probe committee to investigate the gold smuggling case.

 

 

Two more Chinese nationals arrested in connection with gold haul

Two more Chinese nationals have been arrested in connection with the recent gold smuggling case.

The Central Investigation Bureau (CIB) of Nepal Police apprehended the duo in connection with the 60 kg gold smuggling case from Kathmandu last night, Nepal Police spokesperson Kuber Kadayat said.

He, however, refused to give more details about the arrestees.

Earlier on Thursday also, police had detained four Chinese nationals in connection with the same case.

Police have arrested 23 persons in connection with the gold smuggling case so far.

They are being investigated under organized crime and revenue evasion.

The Department of Revenue Investigation on June 18 had seized 60 kg gold that had passed the airport customs undetected.

The CIB has been investigating the case.